About Pelican Group
Pelican Group is a Real Estate & Construction company based in Chennai (India) founded in 2004. Real estate buildings are developed by Pelican Group in Chennai. Pelican Group has raised $12.04 million across 4 funding rounds from investors including Reliance Industries and Milestone Capital. Its chief executive, as recorded, is K V Prakash. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers and Diversified. Its competitors include Lodha Group and Godrej Properties.
Company details
The Pelican Group was founded in 2004 and is headquartered in Chennai, India. Real estate development forms the core of its operations within the property sector. Buildings are constructed and managed across various projects in the region. Leadership is held by K V Prakash as CEO and Managing Director. Focus remains on residential and commercial developments, with activities centered in southern India.
- Headquarters Chennai, India
- SectorsReal Estate & Construction
- Website pelicangroup.in
- Annual Revenue$2.29 M (USD)19as on Mar 31, 2021
- Net Profit$236.45 K (USD)466as on Mar 31, 2021
- EBITDA$1.07 M (USD)-12as on Mar 31, 2021
- Total Equity Funding$12.04M (USD)
in 4 rounds
- Latest Funding Round$2.47M (USD), Series A
Aug 2022
- InvestorsReliance Industries
& 1 more
Associated legal entities of Pelican Group
Pelican Group is associated with 3 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Madura Resources Llp CIN AAJ-1971 | Strike Off | 19 Apr 2017 | Chennai, Tamil Nadu | 2 | View details | ||
| Pelican Advisors Llp CIN AAM-9532 | Active | 11 Jul 2018 | Chennai, Tamil Nadu | 3 | View details | ||
| Pelican Realty Projects Private Limited CIN U70102TN2008PTC069724 | Active | 31 Oct 2008 | Chennai, Tamil Nadu | ₹18.7 Cr | 2 | View details |
Funding Insights of Pelican Group
Pelican Group has successfully raised a total of $12.04M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2.47 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $12.04M
- Total Rounds 4
- Last Round Series A — $2.47M
- First Round $4.31M
(Sep 2010)
- Investors Count 2
All 4 funding rounds of Pelican Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2022 | $2.47M | Series A | – | – | – |
| Jan 2022 | $5.26M | Series B | – | – | – |
| May 2014 | Debt – Conventional | – | – | ||
| Sep 2010 | $4.31M | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Pelican Group
Pelican Group has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Reliance Industries and Milestone Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified conglomerate operating across multiple industries | 1958 | ril.com | Mumbai, India | |
A real estate fund specializing in structured debt strategies for investors. | 2007 | milestonecapital.in | Mumbai, India |
Investor details for Pelican Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Pelican Group
The boards of the 3 registered companies of Pelican Group currently have 6 directors; the longest-serving is Jnaneshwar Srinivasan, appointed in 2011. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jnaneshwar Srinivasan DIN 01826918 | Director | 19 Jan 2011 | 15 yrs 9 mo | Pelican Realty Projects Private Limited |
| Kalavar Vittal Rao Prakash DIN 01085040 | Designated Partner | 19 Apr 2017 | 9 yrs 6 mo | Madura Resources Llp, Pelican Realty Projects Private Limited |
| Subramanian Venkatesh DIN 01084629 | Designated Partner | 19 Apr 2017 | 9 yrs 6 mo | Madura Resources Llp |
| Kausalya Neelakantan DIN 05008693 | Designated Partner | 11 Jul 2018 | 8 yrs 3 mo | Pelican Advisors Llp |
| Mamatha Prakash DIN 05002719 | Designated Partner | 11 Jul 2018 | 8 yrs 3 mo | Pelican Advisors Llp |
| Shanthy Sudekshina DIN 08719466 | Designated Partner | 06 Mar 2020 | 6 yrs 7 mo | Pelican Advisors Llp |
People of Pelican Group
1 people are tracked at Pelican Group (1 in leadership).
| Name | Role | Group |
|---|---|---|
K V Prakash | CEO & MD | Leadership |
Complete people profiles for Pelican Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Pelican Group
Figures of Pelican Realty Projects Private Limited, the primary company behind Pelican Group, for FY 2024. Revenue was ₹18.66 Cr (-21% year on year). Net profit was ₹44.1 Lakh (2% margin). EBITDA was ₹4.26 Cr (23% margin). Revenue has grown at a compounded annual rate of +3% over three years and +5% over five years.
- ₹18.66 CrRevenue · FY 2024 · -21% YoY
- ₹44.1 LakhNet profit · 2% margin
- ₹4.26 CrEBITDA · 23% margin
- ₹15.4 LakhPaid-up capital
- +3%Revenue CAGR, 3 years
- +5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Pelican Realty Projects Private Limited are on its company page.
Detailed financial statements for Pelican Group
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Pelican Group
3 dated milestones of Pelican Group across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Pelican Group is founded.
- Funding First funding round of $4.3M.
- Funding Latest funding round, Series A, of $2.5M.
Competitors of Pelican Group
Pelican Group has 2 listed competitors in our database. They include Lodha Group and Godrej Properties.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lodhagroup.com | 1980 | Mumbai, India | 4,846 | Developer of residential and commercial real estate properties | ||
| godrejproperties.com | 1990 | Mumbai, India | 408 | Residential and commercial properties are developed by Godrej Properties. |
Detailed competitors of Pelican Group
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Real Estate Developers & Builders
3 companies that operate in the same segment as Pelican Group (Real Estate Developers & Builders) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of luxury residential properties | 1992 | Mumbai, Maharashtra, India | USD 158.42 M | USD 55.39 M | 1,046 | |
Residential and commercial properties are developed by Godrej Properties. | 1990 | Mumbai, Maharashtra, India | USD 546.88 M | 6,030 | ||
Premium residential building development services are provided. | 1980 | Mumbai, Maharashtra, India | USD 152.4 M | USD 658.36 M | 1,480 |
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Frequently Asked Questions about Pelican Group
Pelican Group was founded in 2004 and raised its 1st funding round 6 years after it was founded.
Pelican Group is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
K V Prakash is the CEO of Pelican Group, as recorded in our data.
Pelican Group is a funded company, having raised a total of $12.04M across 4 funding rounds to date. The company's 1st funding round was a Seed of $4.31M, raised on Sep 2010.
Annual revenue of Pelican Group is $2.29M as on Mar 31, 2021.
The Pelican Group was founded in 2004 and is headquartered in Chennai, India. Real estate development forms the core of its operations within the property sector. Buildings are constructed and managed across various projects in the region. Leadership is held by K V Prakash as CEO and Managing Director. Focus remains on residential and commercial developments, with activities centered in southern India.
Pelican Group's top competitors include Godrej Properties and Lodha Group.
Pelican Group has 2 investors. Key investors include Reliance Industries, and Milestone Capital.
Pelican Group is associated with 3 legal entities: Madura Resources Llp, Pelican Advisors Llp, Pelican Realty Projects Private Limited.
The legal entities of Pelican Group currently have 6 directors, including Kalavar Vittal Rao Prakash, Subramanian Venkatesh, Shanthy Sudekshina and others.